Valley National Bank - Woodridge, NJ

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Valley National Bank property at 207 Hackensack St, Wood-Ridge, NJ 07075 (the "Property"). The Tenant executed a 15-year absolute NNN lease in 2019 with 2.00% annual rental escalations. The lease has 8.7 years remaining with a total of 12 options remaining, demonstrating their commitment to this site. This branch had a total of $50M deposits and has operated in this location for over 15 years. Valley National Bank is a premier financial institution with a rich history dating back to 1927 and with over 660 retail locations across 44 states. With approximately $62.9 billion in assets, Valley National Bank stands as one of the largest financial institutions headquartered in New Jersey.

Positioned strategically in one of New Jersey's most convenient suburban markets to New York Manhattan and Newark, NJ, with exceptional public transportation advantages, along with a strong community, this investment opportunity offers a secure and growing income stream backed by an investment grade, national financial institution with nearly a century of operational success and continued financial growth.